About Us

DHFL Vysya Housing Finance Ltd. was incorporated on November 27, 1990 in its earlier name Vysya Bank Housing Finance Ltd. It commenced its operation in terms of Certificate for Commencement of Business No. 08/11409 dated November 27, 1990. Since then, it has a history of uninterrupted payment of dividend (except for the financial year 2003-04) , ever-increasing total assets and reserves. Return on equity has been increasing continuously.

The company was started by Vysya Bank Ltd. Known as ING Vysya Ltd at present with majority shareholding percentage of 85%. In July 2003 the said bank sold their majority holdings to Dewan Housing Finance Corporation Ltd., one of the leading private sector Housing Finance company (DHFL) in India. Now DHFL and its promoters together hold 94.56%, the balance is held by ICICI Bank Ltd., and a few with the Industrialist and Public.

DHFL had started its operation as a housing finance Company in 1984. Now, it is one of the leaders in the industry. The total assets of DHFL as on 31-03-2010 exceed Rs.9,804 crore with net worth of Rs.873 crore. It has very eminent personalities in the Banking and Financial Sectors on the Board. The acquisition of majority share holding by DHFL is expected to result in greater focus and synergetic approach thereby enhancing the business potential for the company.